Company History

With a legacy dating back to 1799, we have a history of demonstrating leadership during times of both economic growth and financial instability.

J.P. Morgan has a committed and long-standing history of serving clients in the Middle East and North Africa (MENA) region dating back to the 1930s when our predecessor firm, Morgan Guaranty Trust Company, helped U.S.-based oil companies strengthen their operations in Saudi Arabia.

1993: J.P. Morgan & Co. advises the Qatargas Consortium on a multibillion-dollar financing plan for a liquefied natural gas project in Qatar to develop the largest known gas field outside the former Soviet Union.

1990: J.P. Morgan & Co. is instrumental in arranging a US$5.5 billion loan to help rebuild Kuwait after the Gulf War.

1950: Winthrop Aldrich is the first top Chase Manhattan Bank executive to travel to the Middle East to meet rulers, senior government officials and businessmen in Jeddah, Dhahran, Cairo, Kuwait, Abadan and Tehran.